Weekend News with MarkZ 12/10/2022
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Wassap, Marky Mark?? Ready for my n’onion rings with chatter cheese…
Member: another week come and gone, calling this in! let’s do this!!
MZ: From Iraq: “The democrat announces the formation of a committee titled (Article 40)” The Kurdistan democratic party announced today a committee to legislate the Oil and Gas Law.
MZ: We were told a week or so ago that they had agreed to the framework….and this is it. It is now official and announced in Kurdistan.
MZ: Long ago we were told that article 140 was one of the last stumbling blocks for revaluing the Iraqi currency and they have now worked out the differences with the Kurdistan region including profit sharing, taxes, revenues ect……For those of us that have been following this a long time…this is very good news to wake up to on Saturday morning…….
MZ: From my contacts there they are hoping officially for a float by midweek this coming week……
MZ: I am beginning to believe based on things coming out of DC that this just might be a float and not go all at one time. So be prepared just in case. I hope I am wrong but I am starting to get the growing feeling that we are going to see a lowball rate and float. This could be the same thing for dong…and the Zim may not go yet…at this time.
MZ: Right now, this is just possibilities…..nobody panic. Just be prepared for either direction.
Member: If there is a float, how does that play into the redemption centers functions?
Member: so if it floats do we just go to a bank???
Mod: WHEN THE RV STARTS WE WILL BE TOLD WHERE TO GO FOR YOUR EXCHANGE
Member: I still dont understand the float concept
Member: float means it will happen but we wait for the market to raise the value (slower?) but we have to watch closer to catch it at correct time
MZ: If it floats they would most likely go ahead and make a major-ish move of about 3-40 percent increase in value . About $1 for 1100-1400dinar and then float from there very quickly…up to way north of at least 1 to 1 . This is just my opinion of how the float could work. The value would change each day based on market conditions and what is supporting the currency .
MZ: For instance –look at Ghana who is on a float. Their currency took a dive of about 55 %. And then they pegged to gold and suddenly it came screaming back. Most countries around the world are on a float. They adjust
MZ: Iraq because of conditions was sanctioned and was pegged to a set exchange rate based on the US dollar. If you remove that peg and let the free market decide based on what it is worth. That is what a float is.
Member: So no contract rate?
MZ: We don’t know. I just want to make certain that everyone knows the possibilities. We just don’t know. Am I still being told by all my banking contacts that there is going to be a set contract rate? Yes.
MZ: My gut is telling me to look for the float because the rest of the (GCR) isn’t ready yet. But, I could be wrong. Just be prepared just in case.
Member: I wonder If dong floats will we still get calls to go to redemption center or just go to bank for 1:1 exchange??
Member: It was said things were going to get really crazy before things get better.
Member: MANY truthers say that all countries have revaluated their currency and they’re waiting for the GO signal
Member: Mark Z, When the RV happens…..How will I recognize the legitimate email??
Member: you’ll know when the RV happens it’ll be everywhere but Mark Z said he would tell us and if you don’t he’ll be wearing a golden egg shirt and a golden banana hammock LOL
Member: mark will let us know and the dinar sites you will know
Member: Happy weekend to all May it be filled with joy and peace!
Member: Everyone have a safe weekend. Keep your eyes on our Heavenly Father and know His plan is better than ours.
“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.
The CBD Gurus join the stream at the end….please listen to the replay for their information.
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mark Joined Telegram: https://t.me/theoriginalmarkz_telegram
The next stream is Monday at 10Am est……..unless.
REMINDER..NEW TIME NEXT SATURDAY AT 11:00 AM EST!
